The Truth About Cars
MARCH 6, 2024
BMW is hoping to take some of the shine off of Tesla’s crown with a new incentive that gives buyers a $1,000 discount to buy one of its new EVs. Cars Direct reported that the BMW 2024 BEV Conquest Program includes several other brands, including Audi, Mercedes-Benz, Polestar, Porsche, Rivian, and Lucid. Ford Mustang Mach-E and VW ID.4
The Truth About Cars
APRIL 17, 2023
With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify. Formerly eligible models from BMW, Audi, Volkswagen, and Volvo have been bumped off the list.
The Truth About Cars
JANUARY 11, 2024
The company announced that it would buy tens of thousands of electric vehicles from Polestar, BMW, Chevrolet, Tesla, and others and had aimed to purchase 100,000 Teslas by the end of 2022. While that splashy announcement likely netted the company new customers, it now has hundreds of EVs on sale as it moves to scale back its fleet.
The Truth About Cars
APRIL 23, 2024
At around $70,000 to start, the brand’s R1T pickup and R1S SUV are out of reach for most buyers, even after the $3,750 federal tax credits for some models. Rivian sells two compelling EVs that have garnered a good deal of happy customers, but they’re far from affordable.
The Truth About Cars
MARCH 7, 2024
At the same time, the new car lost tax credit eligibility and its place as a compelling, affordable EV as a result. That said, the car is still less expensive than some competitors, including vehicles from BMW, Mercedes-Benz, and Audi. Image: Tesla] Become a& TTAC insider.
The Truth About Cars
AUGUST 16, 2023
That rise in valuation makes VinFast more valuable than several legacy automakers, including Ford and BMW. VinFast recently broke ground on the facility, which will give it the domestic manufacturing footprint it needs to take advantage of federal tax incentives.& in trading yesterday.
The Truth About Cars
NOVEMBER 28, 2023
The truck’s wheelbase is around a foot longer than the SUV’s, but it has the same BMW 3.0-liter Interestingly, the Quartermaster will be subject to the chicken tax, a 25 percent tariff on light-duty trucks imported to the United States. liter inline-six and ZF eight-speed automatic transmission.
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